Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.
Xylem Inc. (NYSE: XYL) is a premier global water technology provider with a mission to create innovative solutions for the world’s most challenging water and wastewater problems. Headquartered in Rye Brook, New York, Xylem operates in more than 150 countries and offers a diverse range of products and services that cater to public utilities, residential and commercial building services, and industrial and agricultural sectors.
With roots tracing back to its spin-off from ITT in 2011, Xylem has quickly grown to become a leader in the water technology industry. As of 2023, the company generated $7.4 billion in revenue and employed approximately 16,200 people worldwide.
Xylem's product portfolio includes advanced transport systems, cutting-edge treatment solutions, precise testing equipment, and efficient water usage technologies. The company is renowned for its market-leading brands, each known for their innovation and efficacy. Xylem also boasts a strong commitment to sustainability, being named to the Dow Jones Sustainability Index multiple times for its sustainable business practices and solutions.
Recent achievements include significant advancements in smart water infrastructure, partnerships with leading environmental organizations, and investments in research and development to drive future growth. Xylem’s local solutions are designed to meet global needs, demonstrating its expertise and dedication to improving water systems globally.
In terms of financial health, Xylem has consistently shown robust revenue growth, reflecting its strong market position and the effectiveness of its strategic initiatives. The company's ongoing projects aim to enhance water accessibility, quality, and efficiency across various regions, further solidifying its role as a critical player in the water technology space.
Xylem Inc. continues to pioneer in the water technology sector through its innovative solutions and unwavering commitment to addressing the world’s water challenges. For investors and stakeholders, Xylem represents a blend of steady growth, sustainability, and technological innovation.
Stay updated with the latest news and developments from Xylem Inc. to understand how this industry leader is shaping the future of water technology.
Xylem Inc. (NYSE: XYL) reported a third quarter revenue of $1.4 billion, surpassing guidance with a 9% growth on a reported basis and 16% organically. Adjusted EPS reached $0.79, exceeding previous forecasts, while net income was $12 million. The company raised its full-year organic revenue growth guidance to 9-10% and adjusted EPS guidance to $2.65-$2.75. Despite a 7% decline in orders reported, demand remains strong with significant backlog growth. The Water Infrastructure and Applied Water segments saw solid revenue increases.
Xylem (NYSE: XYL) highlights the potential for water utilities to decarbonize using existing technologies. More than 80 utilities have set net-zero targets, showcasing strategies to optimize operations and cut greenhouse gas emissions. A medium-sized utility could offset emissions equivalent to 150 transatlantic flights annually. Successful examples include South Bend, Indiana, which saved $500 million and reduced infrastructure carbon impacts, and EWE WASSER GmbH in Germany, which cut energy use by 30%. Xylem's efforts were recognized as a 'Net Zero Carbon Champion' at the 2022 Global Water Awards.
Xylem (NYSE: XYL), a global water technology leader, is set to showcase innovative solutions at WEFTEC in
Xylem Inc. (NYSE: XYL), a global leader in water technology, will announce its third quarter 2022 financial results on November 1, 2022, at 6:55 a.m. ET. The company will host a conference call for investors at 9:00 a.m. ET. Participants can join by phone or online. The conference call will be replayed starting at 1:00 p.m. ET on the same day until November 8, 2022. Xylem reported $5.2 billion in revenue in 2021 and aims to enhance sustainability by helping over 150 countries manage water resources effectively.
Xylem, a global water technology leader, awarded Team WatApp the Xylem Water Challenge award at HackZurich 2022 for their innovative app promoting sustainable water consumption. This app aims to change public water habits through educational gaming, offering recommendations based on user habits and local context. Amidst the worst drought in 500 years in Europe, the initiative highlights urgent needs for sustainability in water usage. Xylem has engaged over 6,600 students in water solutions through its Xylem Ignite program.
Xylem (NYSE: XYL) is participating in the
Annabelle M. Rayson from Canada has won the prestigious 2022 Stockholm Junior Water Prize for her research on treating harmful algae blooms. HRH Crown Princess Victoria of Sweden announced the winner during World Water Week in Stockholm. Rayson’s work addresses significant issues affecting water quality and ecosystems, which have economic impacts on fishing and tourism. The jury praised her bio-inspired research as a potential solution to a multi-faceted global problem. Xylem, as the founding partner of the prize, encourages innovative solutions to water-related challenges.
The Board of Directors of Xylem (NYSE: XYL) has declared a third quarter dividend of
Xylem Inc. (NYSE: XYL) reported a strong second quarter with revenues of $1.4 billion, marking a 1% increase on a reported basis and 6% organically. Adjusted earnings per share reached $0.66, exceeding guidance. The company raised its full-year organic revenue growth forecast to 8-10% from 4-6% and adjusted EPS guidance to $2.50-$2.70. However, the adjusted EBITDA margin declined to 16.6%, impacted by inflation and chip supply shortages. Segment performance varied; Water Infrastructure saw 9% organic growth, while Measurement & Control Solutions faced a 2% decline due to ongoing supply issues.
Xylem Inc. (NYSE: XYL), a global leader in water technology, is set to announce its second quarter 2022 results on August 2, 2022, at 6:55 a.m. (ET). A conference call with the senior management team will follow at 9:00 a.m. (ET) to discuss the results and engage with investors. Xylem reported revenue of $5.2 billion in 2021 and is focused on addressing critical water and infrastructure challenges globally. The call details and a replay will be available on the company's investor relations website.
FAQ
What is the current stock price of Xylem (XYL)?
What is the market cap of Xylem (XYL)?
What is Xylem Inc.?
Where is Xylem Inc. headquartered?
In how many countries does Xylem operate?
What sectors does Xylem serve?
How much revenue did Xylem generate in 2023?
How many employees does Xylem have?
What recognition has Xylem received for its sustainability efforts?
When was Xylem spun off from ITT?
What are some of Xylem's recent achievements?
What is the focus of Xylem's ongoing projects?
